by MoneyMasterPeter | Dec 3, 2015 | Debt, Spending
Truth-In-Lending laws were created in 1971 to help disclose to people borrowing money what the real costs would be. If you borrowed $1,000 at 12 percent annual interest, you will pay $10 each month until you pay off the balance of $1,000, and let’s just assume...
by MoneyMasterAlan | Oct 12, 2015 | Debt, Tax
I am always surprised when someone is seriously vacillating over whether to get out of mortgage debt or not. I always hear the argument that a mortgage is a good tax write-off and can save the average couple in the 28 percent tax bracket, with a $200,000 loan at 5...
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